Tidewater

2016 Tidewater News

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04/15/16
Tidewater to Present at the 20th Annual Burkenroad Reports Investment Conference
NEW ORLEANS, April 15, 2016 /PRNewswire/ -- Tidewater Inc. (NYSE: TDW) announced today that Joseph M. Bennett, Executive Vice President and Chief Investor Relations Officer, will present  at the 20th Annual Burkenroad Reports Investment Conference in New Orleans, Louisiana on Friday, April 22, 2016, at approximately 8:30 a.m. Central time. Upon completion of the presentation, the company will also... 
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03/15/16
Tidewater Announces Credit Facility Borrowing
NEW ORLEANS, March 15, 2016 /PRNewswire/ -- Tidewater Inc. (NYSE: TDW) announced today that it has borrowed $600 million under its revolving credit facility, the maximum amount available under the facility.  The funds are intended to be used for general corporate purposes and to enhance the company's liquidity position and financial flexibility. Jeff Platt, President and Chief Executive Office... 
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03/01/16
ICSID Decides that Tidewater is Now Free to Enforce $37 Million of the $65 Million Arbitral Award for the Taking of the Company's Venezuelan Operations
Enforcement of Remaining $28 Million Remains Pending Further ICSID Decision NEW ORLEANS, March 1, 2016 /PRNewswire/ -- Tidewater Inc. (NYSE:TDW) announced today that the annulment committee formed by the World Bank's International Centre for the Settlement of Investment Disputes ("ICSID") ruled that subsidiaries of the company are free to pursue the enforcement of a portion of a prior arbitrati... 
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02/02/16
Tidewater Reports Third Quarter Results For Fiscal 2016
NEW ORLEANS, Feb. 2, 2016 /PRNewswire/ -- Tidewater Inc. (NYSE: TDW) announced today a third quarter net loss for the period ended December 31, 2015, of $19.5 million, or $0.42 per common share, on revenues of $218.2 million. For the same quarter last year, net loss was $160.7 million, or $3.31 per common share, on revenues of $387.6 million. The immediately preceding quarter ended September 30, 2... 
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01/28/16
Tidewater Announces Suspension of Dividend and Common Stock Repurchase Program
NEW ORLEANS, Jan. 28, 2016 /PRNewswire/ -- Tidewater Inc. (NYSE:TDW) announced that its Board of Directors has approved management's recommendation to suspend Tidewater's quarterly dividend and common stock repurchase program.  The dividend and share repurchase program suspension is part of a broader plan of reducing costs and capital expenditures in order to preserve liquidity in an oilfield serv... 
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01/15/16
Tidewater Announces Conference Call
NEW ORLEANS, Jan. 15, 2016 /PRNewswire/ -- Tidewater Inc. (NYSE: TDW) announced today that its fiscal 2016 third quarter (ended December 31, 2015) earnings conference call has been scheduled for Wednesday, February 3, 2016 at 10:00 a.m. Central time.  During the conference call, the Company will discuss the results for the quarter ended December 31, 2015, which are expected to be released on Febru... 
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